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Southwest Beats Estimates on Strong Demand, Premium Spending

Key Points

Transportation Southwest Beats Estimates on Strong Demand, Premium Spending Southwest Airlines Co. provided an outlook for the full year that exceeded Wall Street’s projections, citing robust travel demand and spending on the carrier’s premium products. The Dallas-based airline is guiding full-year adjusted earnings per share between $3.25 to $4.25, compared to Bloomberg-compiled analyst estimates of $3.12.

Transportation Southwest Beats Estimates on Strong Demand, Premium Spending Southwest Airlines Co. provided an outlook for the full year that exceeded Wall Street’s projections, citing robust travel demand and spending on the carrier’s premium products. The Dallas-based airline is guiding full-year adjusted earnings per share between $3.25 to $4.25, compared to Bloomberg-compiled analyst estimates of $3.12.
Strong Demand, (ORG) Premium Spending Southwest Airlines Co. (ORG) Dallas (LOCATION) Bloomberg (ORG)
Originally published by Bloomberg Markets Read original →